Funding you earn now, next payment 10:00 UTC−0.0189%/8h= −20.7% APRpaid last 24h −0.057%
Price spread now: SunX against Reya−0.056%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and SunX is 0.056% cheaper against Reya than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya PAXGRUSDPERP | 4,316.7 | 0.0189 | pay 0.0024% / 1h | 53m 56s | $20K | — | 100x |
| Short | SunX PAXG-USDT | 4,314.2 | 0 | get 0.0000% / 4h | 2h 53m | $2K | $3.1M | 20x |
Reya PAXGRUSDPERP
SunX PAXG-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Reya. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$39.79
- Price spread: −0.056% → 0.000%
- −$5.61
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$59.4
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; SunX: live order book, 4 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Reya no order-book sample | — | — | — | — | — |
| Sell SunX live order book, 4 min ago | 21.53 bp | 25.5 bp −$26 | 55.1 bp −$551 | doesn't fit | doesn't fit |
Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
PAXG on 29 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter PAXG | −0.0056% | 1h | 4,316.2 | −0.012% | $1.4M | $500K | 25x | as long as short |
| GRVT PAXG_USDT_Perp | −0.0030% | 4h | 4,326.2 | +0.220% | $1.5M | $2.0M | 10x | as long as short |
| dYdX PAXG-USD | 0.0000% | 1h | 4,320.8 | +0.095% | $115K | $15K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,319.8 | +0.073% | $15.6M | $3.9M | 100x | as long as short |
| SunX PAXG-USDTshort | 0.0000% | 4h | 4,314.2 | −0.056% | $2K | $3.1M | 20x | |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,322 | +0.125% | $7.9M | $428K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,320.4 | +0.086% | $909K | $826K | 75x | as long as short |
| Bitget PAXGUSDT | +0.0024% | 4h | 4,317.8 | +0.026% | $9.2M | $16.4M | 50x | as long as short |
| Hibachi PAXG/USDT-P | +0.0024% | 1h | 4,321 | +0.099% | $43K | $190K | 20x | as long as short |
| MEXC PAXG_USDT | +0.0028% | 4h | 4,323.4 | +0.156% | $16.6M | $1.3M | 100x | as long as short |
Lighter PAXG
GRVT PAXG_USDT_Perp
dYdX PAXG-USD
Gate PAXG_USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
Bitget PAXGUSDT
Hibachi PAXG/USDT-P
MEXC PAXG_USDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance PAXGUSDT | +0.0029% | 4h | 4,318.1 | +0.032% | $80.0M | $82.4M | 75x | as long as short |
| Extended PAXG-USD | +0.0032% | 1h | 4,317 | +0.007% | $375K | $1.5M | 25x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +0.710% | $1K | $151K | 30x | as long as short |
| Aster PAXGUSDT | +0.0047% | 4h | 4,318.2 | +0.035% | $904K | $38K | 50x | as long as short |
| ApeX Omni PAXGUSDT | +0.0069% | 1h | 4,323.3 | +0.154% | $261K | $805K | 50x | as long as short |
| Kraken Futures PF_PAXGUSD | +0.0085% | 1h | 4,318.7 | +0.047% | $1.2M | $2.1M | 20x | as long as short |
| Paradex PAXG-USD-PERP | +0.0087% | 8h | 4,316.4 | −0.007% | $80K | $4.4M | 50x | as long as short |
| Hyperliquid PAXG | +0.0100% | 1h | 4,317.7 | +0.024% | $21.2M | $2.6M | 10x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,319.2 | +0.058% | $1.0M | $309K | 10x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,317.6 | +0.022% | $14.9M | $4.6M | 75x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,320.7 | +0.094% | $28.8M | $5.5M | 30x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,318.6 | +0.045% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,318.3 | +0.037% | $1.2M | $863K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,321.7 | +0.117% | $12.2M | $293K | — | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,317.2 | +0.012% | $554 | — | 10x | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,314 | −0.062% | $1.5M | $80K | 50x | as long as short |
| Reya PAXGRUSDPERPlong | +0.0189% | 1h | 4,316.7 | long leg | $20K | — | 100x | |
| Coinbase International PAXG-PERP-INTX | +0.0232% | 1h | 4,330.6 | +0.323% | $933K | $1.0M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.1784% | 1h | 4,328.4 | +0.272% | $29K | $24K | 10x | as long as short |
Binance PAXGUSDT
Extended PAXG-USD
Injective PAXG/USDC PERP
Aster PAXGUSDT
ApeX Omni PAXGUSDT
Kraken Futures PF_PAXGUSD
Paradex PAXG-USD-PERP
Hyperliquid PAXG
Pacifica PAXG
Bybit PAXGUSDT
KuCoin PAXGUSDTM
BingX PAXG-USDT
Backpack PAXG_USDC_PERP
Variational Omni PAXG
Orderly PERP_PAXG_USDC_mythos
Phemex PAXGUSDT
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD